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Current Affairs Quiz: 23 & 24 August 2026

15 questions from the news of 23 & 24 August 2026. Tap an option to see the answer and the explanation.

DAILY QUIZCurrent AffairsQuiz23 & 24 August 202615 questions with answers and explanationssafalsetu.com
0 correct of 0 answered · 15 questions

1. The Rural Development Ministry's National Campaign on Entrepreneurship-II is carried out under which programme?

Answer: C. The mission mobilises poor rural women in self-help groups, and the campaign taps that network. Its three-month window is 21 August to 21 November 2026.

2. How many SHG women is the National Campaign on Entrepreneurship-II meant to train?

Answer: E. The campaign plans to train 5 lakh SHG women and formalise 50,000 enterprises. It feeds the larger goal of creating 6 crore Lakhpati Didis.

3. A forest and pastoral economy worth roughly what amount is the target of ISB-BIPP's five-year agreement with Himachal Pradesh's forest authorities?

Answer: D. The partnership views forests as an economic asset, with resources such as amla, pine needles, wild mangoes, sal seeds and rhododendron flowers. Removing pine needles also lowers forest-fire risk.

4. Which reserve forest hosts Aaranyak's effort to recover elephant habitat by weeding out invasive exotic species?

Answer: D. Khalingduar is in the Dhansiri Forest Division of the Bodoland Territorial Region along the Assam-Bhutan border. The weeds targeted are Lantana camara, Chromolaena odorata and Mikania micrantha.

5. Through which process is biochar made from the cleared invasive biomass in the Assam project?

Answer: B. In pyrolysis, organic matter is heated with little or no oxygen, so its carbon stays in a stable solid instead of escaping as carbon dioxide. This is why biochar counts as carbon sequestration.

6. Women's labour force participation in rural India, 33 per cent earlier, reached what figure in PLFS 2025?

Answer: C. The rural recovery far outpaced the urban one, where the figure moved just from 23.3 to 27.7 per cent. Part of the rural gain is own-account and unpaid family work in farming.

7. Taking all women above 15 years, FLFPR stood at 30 per cent in 2019-20. What was the 2025 figure?

Answer: E. FLFPR is the share of working-age women who are employed or looking for work, so those doing only unpaid housework are outside it. The rate rose to 40 per cent in 2025.

8. Four insurers exceeded their Expense of Management limits for 2024-25. What was the length of IRDAI's ban on them opening new business locations?

Answer: A. The restriction lasted six months and covered Edelweiss Life, Pramerica Life, ACKO General and Niva Bupa Health. Expense of Management is capped as a share of premium.

9. SEBI's study found retail equity derivatives traders lost how much in total in FY26?

Answer: C. Retail derivatives traders lost Rs 91,685 crore in FY26, and options made up about 92 per cent of that. Unique investors dropped to 8.75 million, the first fall in ten years.

10. The pension scheme for construction workers proposed under EPFO 3.0 would use surplus money collected through which cess?

Answer: D. BoCW cess is levied on construction project costs and sits in state welfare boards, often unspent. Redirecting the surplus would fund a contributory pension for a largely informal workforce.

11. Which bank partnered Razorpay on its new multi-currency EEFC settlement offering for exporters?

Answer: E. An EEFC account lets exporters keep receipts in foreign currency rather than converting at once. The facility supports USD, EUR, GBP, AED and SGD.

12. A NielsenIQ and World Data Lab study defines affluent consumers as people whose daily spending exceeds what amount?

Answer: A. Core consumers spend 13 to 90 dollars daily, and affluence starts above that. India is projected to have 10.8 crore affluent consumers by 2036, slightly ahead of China.

13. The Chennai Climate-Resilient Water Security and Sewerage Project is backed by an ADB loan agreement with India. How large is the loan?

Answer: B. The 230 million dollar loan funds a ring-main water supply system for Chennai and wastewater upgrades. ADB, based in Manila, has Masato Kanda as President.

14. The DGFT's relaxation letting exporters invoice overseas deals in Indian rupees specifically leaves out which countries?

Answer: E. Trade with Nepal and Bhutan is already usually settled in rupees, so FTP incentives there would reward deals that bring no extra foreign exchange. Elsewhere, eligible rupee receipts can count toward FTP benefits.

15. Which grouping launched the Indo-Pacific Partnership for Maritime Domain Awareness (IPMDA)?

Answer: B. IPMDA is a Quad initiative.